I obversed there was nothing to stop from reaching original source of supply. not even 0.618 Fibonacci retractment will work. There is possible short opportunity
Another simple clean chart for the week. High timeframes made a high low, we now expecting a lower low depending on news coming out for the USA.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
Breakout happend on an main support zone and also ascending triangle has been formed and broke downwards, price just retested the zone and are most likely to keep forming HH and HL'S
Market - Downtrend Previously Broke Structure Expecting Pullback to supply zone or watch to see if it will push higher Change of Character occurred at Daily Demand Zone which indicated price wanted to push up So waited for a retest of a demand zone and entered on LTF.
Base on this should be rejected around 0.9320 Area, watch DXY going up. if it gets rejected am selling :) Dont follow me am lost :)
USDCHF (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
Up up and away, reverse at the bottom complete now for the climb
In this pair, for this long term range price level, it is good to open positions at price action levels.
Dollar swiss is making a move back up to the 4h order block after the BOS that happened. I think that the 4h OB is a safe place to enter some short positions if it decides to continue the current trend. I refined the zone to have a better entry by dropping down to the 1h and 15min time frame. A great risk to reward ratio if it plays out well ! Stop loss is just a...
Bullish Indications: Higher highs and higher lows bullish engulfer and 3 white soldiers strong trend line support Fib level 0.5 channel support level showing strong support of Bullish trend continuation.
when market open i find a good point for buy. in support break the trendline and in polback we enter
FX:USDCHF greenback correction against swissy with the release of US business economic data. ISM - Non Manufacturing PMI ( March 2022) Actual : 58.3 Expected: 58.4 Pervious : 56.5
USDCHF has been bouncing around these two levels (RED) and hitting significant resistance whilst doing so and cannot seem to break past it, we have just closed down past support and we are in run for a bearish move, we have put our TPs according to previous market structure and have aimed for the last swing low
📉 USDCHF - Market Analysis for the upcoming days. What do you think ? Comment below..
Time Frame: 4H Symbol: USDCHF Entry: 0.92628 TP: 0.93762 SL: 0.91887 Bias: Long We are bullish for this pair. As the momentum and volatility is low, our signal is not of high probability.
USDCHF / 1D Hello traders, welcome back to another market breakdown. USDCHF has been trading in a bullish trend, and now the price is pulling back to retest the bullish structure. For me to go bearish, I need the price to break this structure with at least a daily close. Trade safe, Trader Leo.
📉 Expecting bearish price action as price is in a bearish market strucutre on the HTF. Price rejected a bearish breaker on the H4. Retail Herd is long on this pair meaning we have another confluence to SHORT on this pair. What do you think ? Comment below..